It feels like a measure of maturity, the ability assess the severity of a problem against the severity of other problems, to avoid both diminishing and inflating a problem’s urgency relative to everything else we’re dealing with.
“How urgent is this problem compared to all the other problems?” feels like a critical question, and the leaders who know where and when to ask it make a valuable contribution.
YoRocko! 
That’s a good question for any multi-tasking situation. For instance, I need to check my messages (including posts), but nothing much else will get done if I don’t get an appointment for the root canal I need. So bye! To the phone!