We all reach a point where we have to make decisions based on imperfect and sometimes even contradictory information. There is no “perfect” decision. Whether it is who we hire, when we enter new markets, how much to invest in new products and technologies, when to expand or contract a business relationship, or any other number of issues, leadership ultimately comes down to judgment. In addition, in our personal lives we will all hit crossroads, where the decisions we make will literally have an impact on the rest of our lives. There is always the risk you may make the wrong decision, but you try to mitigate this risk through sound judgment.