John Naisbitt caught a wave with "Megatrends," one of the seminal business books of the 1980s. It awakened executives to a particular brand of trend forecasting, turned Mr. Naisbitt into a sought-after consultant and lecturer, and spawned several more books in a series that continued in 1996 with "Megatrends Asia."

Mr. Naisbitt, while traveling the world to deliver his economic prophesies, divides his time among homes in Telluride, Colo., Cambridge, Mass., and Kuala Lumpur, Malaysia. In a recent interview with American Banker reporter Jennifer Kingson Bloom, Mr. Naisbitt discussed the importance of entrepreneurs in economic progress and had stern words for bankers about their future roles.

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