Which key factors should the leader influence in order to implement change? : From the analysis of the implementation of change at GE under Jack Welch's leadership

In the current fast-moving, global and complex business world, implementing organisational change has become one of the major leadership issues. Indeed, competitive organisations are turning out to be the ones that are flexible, able to adapt rapidly and continuously; strong leaders are turning out to be the ones who are transformational and who are able to implement change successfully. However, as the business world is becoming more complex, organisations are following the same path and are developing increasingly complicated structures. Risk of failure in implementing change in such complex organisations is consequently high and leaders must lead strategic moves with dexterity. They must understand their role, the required skills as well as the importance of the people while starting to implement change. They must understand where to exert their influence and they should therefore be able to determine what are the key success factors to be taken into consideration in the implementation process