The Ibrox boss admits he cannot allow the Jekyll and Hyde form of his team to wreck his long-term ambitions of bringing silverware back to Rangers.
Gerrard has watched his team lose twice to Aberdeen in Glasgow and crash out of both cups.
And ropey form in the league has allowed Celtic to open up an eight-point gap since January.
The 38-year-old remains convinced he’s the man to turn the Rangers ship around – but having walked into a club in chaos last summer, he is still in the middle of a salvage job.
And that means heads will roll in the summer and new blood must be injected into the team.
In a brutal and honest assessment of where Rangers stand, Gerrard said: “If I don’t win the next three or four things that are available, maybe I won’t be here. I’m aware of that.
“We need more leaders.
“We need more people who can manage games better. And we need more quality.
“So there’s quite a few big areas that I need to address moving forward.
“But the reality is that’s where Rangers are at the moment.
“We are capable of a fantastic performance, a performance where I can walk into a press conference and wax lyrical about us across the board.
“That seduces you into thinking Rangers are back to where they should be, that we’re nearly there and that we’re close.
“But I’ve taken over a team and a club that’s been going through a lot of pain, that’s been quite toxic.
“It needs a lot of change on and off the pitch and we’ve done everything we can to try to improve things.
“We need a bit more time to continue moving it forward to improve it.”
Meanwhile, Alfredo Morelos’ appeal against a yellow card for diving in Tuesday’s 2-0 Scottish Cup loss to Aberdeen has been thrown out by the SFA.