The term 'exert' generally means to apply or use (force, influence, etc.). In the context of the content provided, 'exert' refers to the act of applying influence or pressure. When it's said that people can 'exert too much influence', it means they can have too much sway or control over the decision-making process, potentially steering it in a direction that may not align with the final vision.

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Think and Grow Rich

All-time best-seller that lays out the steps needed to unleash one's potential, focusing on building individual self-confidence and a clear set of goa...

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Without exception, all successful people make decisions quickly. This does not mean impulsive decision-making for the sake of leadership. Rather, the ability to decide quickly comes from knowing what it is you want, and it is that ability that defines leaders. The author also warns against involving too many people in the decision-making process, as they can exert too much influence and may not share the final vision.

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Potential obstacles companies might face when applying the quick decision-making concept could include lack of clarity on goals, fear of making wrong decisions, and too much influence from too many people involved in the decision-making process. To overcome these, companies should ensure clear communication of their goals, encourage a culture of risk-taking and learning from mistakes, and limit the number of people involved in decision-making to those who share the final vision.

Think and Grow Rich" has significantly influenced corporate strategies and business models with its emphasis on quick decision-making. The book advocates for decisive leadership, arguing that successful individuals and businesses are those that can make decisions quickly and confidently. This principle has been adopted by many corporations, leading to a shift towards more agile and responsive business models. The book also warns against involving too many people in the decision-making process, which has encouraged businesses to streamline their decision-making structures and reduce bureaucracy.

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