No longer true. When IBM borked the Federal Aviation Administration's air traffic control software upgrade (1993), they very publicly lost the contract and many heads rolled. Mitre (their very stable FFRDC) lost a third of their FAA support staff in the blood-letting that ensued.

IMHO, the only remaining golden boys of business are consultants like Bain and BCG, who tell the C-suiters what to think.

Of course, the great secret is that these opt-shops will be the first companies to be fully automated, but invisibly. Then for decades thereafter, human CEOs will blithely continue to follow the lead of their precious Bain-bots, not realizing they've become a bot too (which they always were, of course).

Pretty sure buying IBM in 2017 is a good way to get fired ^^

That is what I was coming to post.