This document differentiates between trends and fads. Trends are sustained behaviors or preferences that become integrated into lifestyles and culture over time. Examples include online banking, touch screen devices, and business process outsourcing. Fads are short-lived crazes that rise and fall quickly, such as loombands, candy crush, and fidget spinners. The document provides guidance on how to identify trends by looking for behaviors that demonstrate accelerated growth across many sectors and lead to lasting changes. Spotting emerging trends allows people to predict future scenarios.