It depends who he gets as his coach/assistant. What a player he was.
Personally I think that's the problem with Gerrard - great players can be effective as managers, and act like magnets (at least for a while) in terms of attracting top players, but they need a really impressive coach working underneath them, and ideally a shrewd assistant, too. Gerrard went for mates - I love McAllister, but he's never going to bring great tactical nous to the table, and the rest of the coaching set up were mainly mates with whom Steven grew up. That's just about okay for the Scottish league, but in spite of all the romantic dreams that still continue today, it will never work as a follow-on from Klopp.