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  4. #262 Brad Banducci: Fmr Woolworths CEO on Identity, Intrapreneurship and Why Directionally Correct Beats Perfect
#262 Brad Banducci: Fmr Woolworths CEO on Identity, Intrapreneurship and Why Directionally Correct Beats Perfect

#262 Brad Banducci: Fmr Woolworths CEO on Identity, Intrapreneurship and Why Directionally Correct Beats Perfect

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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 contact@curiositycentre.com

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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