For one, 29 percent of executives think their organizational bureaucracy has become too siloed into individual components that have trouble coordinating with each other. This makes it more difficult for companies to make decisions quickly, much to their own detriment: 72 percent said that their company has had at least one strategic initiative fail due to decision making delays, while a further 42 percent said they lost competitive advantage because it takes them so long to make a decision. 

Perhaps one reason it's difficult to coordinate decisions in a large organizations is that executives themselves don't trust each other as much as they could: 43 percent of C-suite leaders polled said trust with other executives could be improved. 

A third of poll respondents also said that data analytics hasn't really helped that much either: 32 percent of executives said that the era of big data has made decision making worse, not better. It could be because there's too much information to effectively process: 36 percent of C-suiters said their organization is not handling information overload very well. However, there are slightly more that are confident in the future of data analytics at their companies, with 37 percent saying its use has improved decision making at their organization. 

To face these issues, the report said that organizations must: 

* Overcome bureaucracy and achieve agile decision making;
* build greater levels of trust and improve collaboration;
* take a long-term view and define the right metrics;