EPISODE · Jun 23, 2026 · 1H 3M
#262 Brad Banducci: Fmr Woolworths CEO on Identity, Intrapreneurship and Why Directionally Correct Beats Perfect
from The High Flyers Podcast with Vidit Agarwal · host Vidit Agarwal
Welcome to this classic episode. Classics are our favorite episodes from our back catalogue, published as frequently as possible. These are N of 1 conversations with N of 1 people. This is a replay of Episode 202, originally released in April 2025— one of our most loved classics. Brad Banducci is the recent CEO of Woolworths Group, one of the world's largest retail businesses, generating more than $65 billion in annual revenue, employing over 200,000 people and serving millions of customers every week. In this rare interview (and his first since he left Woolworths after 8+ years) Brad reflects on growing up in South Africa during apartheid, the lessons learned from his entrepreneurial family, and the experiences that shaped his identity, ambition and worldview long before he stepped into the CEO's office. Vidit and Brad explore his remarkable journey from engineer and management consultant at Boston Consulting Group to leading one of the Southern Hemisphere's most complex organisations. They discuss intrapreneurship versus entrepreneurship, making high-stakes decisions with imperfect information, leading through transformation at scale, and the leadership philosophy behind one of his most memorable ideas: being directionally correct beats being perfectly right. They also unpack failure, purpose, family, curiosity, succession, building leaders who outperform you, and why the best executives spend less time chasing certainty and more time moving towards what matters. Please enjoy exploring your curiosity. ________ Get in touch with us via email at [email protected] Join our stable of commercial partners including the Australian Government, Google, KPMG, Vanta, Allens, Macquarie Capital and more. Show notes and more episodes here Follow us on LinkedIn, Twitter and Instagram Get in touch with our Founder and Host, Vidit Agarwal directly here Contact us via our website ________ The High Flyers Podcast features in-depth interviews with the world’s most influential figures in business, tech, finance, government and sport. Launched in 2020, it has ranked in the global top ten for past three years, with listeners in 27 countries and over 200+ episodes released, and featured in Forbes, Daily Telegraph, and at SXSW. Our guests include -- Malcolm Turnbull (Prime Minister of Australia), Jason Collins (Head of BlackRock, Asia Pacific), Brad Banducci (CEO, Woolworths), Michael Schneider (CEO, Bunnings), Elena Verna (Head of Growth, Lovable), David Haber (a16z Partner), Jodie Auster (Uber's Global Head of Travel), Rob Giglio (CCO, Canva), Jean-Michel Limieux (CTO, Shopify and Atlassian), Stevie Case (CRO, Vanta), John Haddock (CBO, Harvey), Mark Suster (Partner, Upfront Ventures), Niki Scevak (Partner, Blackbird), Craig Tiley (CEO, USA Tennis), Jeanne DeWitt Grosser (COO, Vercel), Paul Bassat (Partner, Square Peg), Bowen Pan (Creator, Facebook Marketplace), Peter Varghese (Secretary of Foreign Affairs, Australian Government), Sam Sicilia (CIO, Hostplus), Jack Zhang (CEO, Airwallex), Tim Doyle (CEO, Eucalyptus), Sukhinder Singh Cassidy (CEO, Xero), Sanjeev Gandhi (CEO, Orica), Philip Green (Australia's Ambassador/High Commissioner to India), Vivek Bhatia (CEO, MUFG), Cristina Cordova (COO, Linear) and more.
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Welcome to this classic episode. Classics are our favorite episodes from our back catalogue, published as frequently as possible. These are N of 1 conversations with N of 1 people. This is a replay of Episode 202, originally released in April 2025— one of our most loved classics. Brad Banducci is the recent CEO of Woolworths Group, one of the world's largest retail businesses, generating more than $65 billion in annual revenue, employing over 200,000 people and serving millions of customers every week. In this rare interview (and his first since he left Woolworths after 8+ years) Brad reflects on growing up in South Africa during apartheid, the lessons learned from his entrepreneurial family, and the experiences that shaped his identity, ambition and worldview long before he stepped into the CEO's office. Vidit and Brad explore his remarkable journey from engineer and management consultant at Boston Consulting Group to leading one of the Southern Hemisphere's most complex organisations. They discuss intrapreneurship versus entrepreneurship, making high-stakes decisions with imperfect information, leading through transformation at scale, and the leadership philosophy behind one of his most memorable ideas: being directionally correct beats being perfectly right. They also unpack failure, purpose, family, curiosity, succession, building leaders who outperform you, and why the best executives spend less time chasing certainty and more time moving towards what matters. Please enjoy exploring your curiosity. ________ Get in touch with us via email at [email protected] Join our stable of commercial partners including the Australian Government, Google, KPMG, Vanta, Allens, Macquarie Capital and more.
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#262 Brad Banducci: Fmr Woolworths CEO on Identity, Intrapreneurship and Why Directionally Correct Beats Perfect
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