Recorded live at Web Summit Vancouver 2025, this episode of the Business Leadership Podcast hosted by Edwin Frondozo features Paul Newton, creative producer of the Future Narrator miniseries, interviewing Parag Parekh, the Chief Digital Officer at IKEA Retail.
Parag discusses IKEA's ambitious and human-centered digital transformation journey. He outlines the company’s three-tier transformation process: shifting from physical to omni retailing, moving from large store formats to smaller, city-center locations, and expanding services to meet broader customer needs like second-hand furniture and financial services, while also preparing for future AI advancements.
Parag shares insights from his extensive 20 years of global experience and emphasizes the importance of curiosity, responsibility, and adaptability in leadership. The conversation also touches on the impact of COVID-19, the significance of sustainability, and the critical role of corporate responsibility in the digital age.
00:00 Introduction to the Business Leadership Podcast
00:36 Meet Parag Parekh: IKEA's Chief Digital Officer
02:12 IKEA's Digital Transformation Journey
06:37 Personal Insights and Leadership Journey
14:11 Future of Retail and Digital Innovation
19:37 Final Thoughts and Advice for Business Leaders
20:43 Conclusion and Farewell
Popular Podcasts
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
Cardiac Cowboys
The heart was always off-limits to surgeons. Cutting into it spelled instant death for the patient. That is, until a ragtag group of doctors scattered across the Midwest and Texas decided to throw out the rule book. Working in makeshift laboratories and home garages, using medical devices made from scavenged machine parts and beer tubes, these men and women invented the field of open heart surgery. Odds are, someone you know is alive because of them. So why has history left them behind? Presented by Chris Pine, CARDIAC COWBOYS tells the gripping true story behind the birth of heart surgery, and the young, Greatest Generation doctors who made it happen. For years, they competed and feuded, racing to be the first, the best, and the most prolific. Some appeared on the cover of Time Magazine, operated on kings and advised presidents. Others ended up disgraced, penniless, and convicted of felonies. Together, they ignited a revolution in medicine, and changed the world.