GE performed exceptionally well under Jack Welch, the former CEO of GE. Jeffery Immelt, the new CEO, has made changes to the firm's corporate-level strategy and structure. His changes have been made even more difficult because GE is experiencing performance problems partly the result of the difficult economic climate. Immelt can expect

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Immelt can expect some resistance from organizational stakeholders who may be accustomed to Jack Welch and his high performance. The difficult economic climate has also contributed to GE's performance problems, which may further complicate Immelt's efforts to implement changes to the firm's corporate-level strategy and structure. While Jack Welch did leave some organizational slack, this does not guarantee a smooth transition to a new organizational strategy under Immelt. It is also not necessary to replace the entire top management team, as some may be willing to adapt to the new changes. While Jack Welch does have an iconic aura, this may not necessarily give Immelt credibility with GE's stakeholders as they may have different expectations and perceptions of Immelt's leadership compared to Welch's.

GE Performed Exceptionally Well Under Jack Welch, the Former CEO