Technology, telecomm, and digital media are all part of an extensive array of the old transitioning into the new. Rich Nespola says it is an evolutionary processes of transitioning through voice and next generation communication. The essential strategy will require new execution models—and new relationships, as no company can exist as an island in this emerging ecosystem.
Nespola describes how the ecosystem has currently evolved to where the traditional telecommunications marketplace around voice focused on various tools has migrated to various attributes or traits. These traits and attributes are transforming to the extent that relationships are focusing around one particular device. And that device change agent, a "seismic event," is the proliferation of the smart phone.
When starting out for the day, you grab your wallet, your car keys, and your phone. Nespola says that today two of those things are irrelevant. The smart phone has developed into an app that is a Swiss Army knife that contains unique solutions to meet marketplace demands. And the proliferation of smart phone apps presents opportunities for growth.
It is not just the device itself, but the new innovative models for the innovation cycle that allow the management of apps the size of the marketplace. Convergence is the key to success, says Nespola, and in this talk he describes practical examples of how this can be done.
Richard P. Nespola, prior to founding The Management Network Group in 1990, held several executive positions at major communications and media companies. Recruited from the Media industry, Rich joined MCI in 1983 and held executive positions in revenue and treasury operations, systems development and testing and major global account management. At Sprint, he was Sr. Vice President of Finance, responsible for the order-to-cash process including: network operations, billing and systems analysis, and receivables management. He also served as Executive Vice President of Strategic Markets and Product Pricing. Following Sprint, he became President and COO of Telesphere Communications. Rich is a member of the Board of Trustees of Long Island University and is on the Board of WorldGate Communications and One Communications. He is also a member of the Executive Council of the International Engineering Consortium. In 1997 and 1998, he was named by Phone+ magazine as one of the industry’s 25 most influential people. In 2000, he received the Ernst & Young Entrepreneur of the Year Master Award for the Western Region making him a national finalist in the Ernst & Young Entrepreneur of the Year® program. He previously served as a director and chairman of the Association of Telecommunications Financial Managers. Rich has been published and quoted in various industry trade publications including Telephony, Network World, and Billing & OSS World; as well as in the mainstream media: Fortune, Wall Street Journal, New York Times and the Financial Times. He has made television appearances on FOX Business News, CNBC’s “Squawkbox” and Bloomberg News. Rich is a frequent speaker and moderator at various industry events including CTIA and the Argyle Telecom Forum. Rich earned his BA and MBA from C.W. Post College of Long Island University and has been a member of their adjunct faculty in the College of Management.
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