Summary: Next Generation Networks and systems are slowly catching up with each other. While the issues, challenges and solution strategies are huge in this space, it is worthwhile at looking at a few important and interesting aspects. This subject matter is especially interesting to those of us who are keen at staying abreast with the technologies, innovations and standardization in this space. We will connect on some handy practices and principles in this transcript, particularly in line with the concepts promoted by the TeleManagement Forum (TMF) through their NGOSS standard.