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Peter Senge addressed this dilemma in his book The Fifth Discipline and accurately discerned that sound leadership decisions are based on systemic analysis before making a decision. Many of the poor decisions I've made and have witnessed other leaders make stemmed from 'attacking' phantom problems.
Roughly, I'd suggest that they're strategy, marketing, finance, and the rest of the drear, dismal, passionless stuff that makes most of us snooze through meetings and dread the arrival of Monday morning, dilberting our joint prosperity, perpetually disappointing our ever-more apathetic customers, and gleefully embezzling from the future.
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