Great leadership is based on making sound decisions. It’s simply part of the role. But it can also be one of the toughest things to maneuver. When you make a decision, you have to know how long to stay the course and when to reverse direction.

There are obviously simple decisions—the black-and-white variety—that don’t require a great deal of judgment. Those are the decisions they teach you in business school. But in my experience, most of the answers aren’t easy. Decision-making has many shades of gray.