Immelt Says It's Easier to 'Follow a Bum' Than Welch

The speaker discusses the challenges of succeeding a well-known predecessor, offering advice to follow someone less successful for an easier transition. They reflect on the experience of succeeding Jack Welch, a renowned manager, and express pride in having worked with him.

What legacy did Jack Welch leave that the speaker acknowledges?

What does the speaker imply about the confidence needed to take on a significant role?