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Monnify bill payments
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  • Monnify bill payments

    Description

    A brief summary of what the product does, its purpose, and target audience.

    Team information

    Designers

     

    Engineers

     

    Stakeholders

    Boluwaji Alepaye

    Figma

     

    Useful links

     

    Mission, goals and OKRs

    Mission

    This is the high-level, enduring purpose of the product. It answers the question, "why does this product exist?". The mission is typically broad, stable over time, and provides a guiding star for all activities (e.g. "to empower small businesses with intuitive and accessible financial tools").

    Clearly state the overarching purpose of the product.

    Strategic goals

    These are the longer-term, strategic outcomes that the product aims to achieve. Goals are often aligned with the mission but are more specific and time-bound, describing what success looks like in broader terms (e.g. "become the leading financial tool for small businesses in our target market by 2025").

    Outline the long-term goals that align with the mission, giving context to the short-term objectives.

    OKRs (Q4 2024)

    Objectives: these are specific, time-bound targets that you want to achieve within a shorter timeframe (e.g., quarterly or annually). Objectives are derived from the broader goals but are more focused and actionable (e.g. "increase user engagement with our financial tools").

    Key results: these are measurable outcomes that indicate progress towards achieving the objective. Each objective typically has 3-5 key results that quantify success (e.g. “increase weekly active users by 25%, reduce churn rate by 10%, and improve customer satisfaction score by 15 points”).

    Objectives

    Key results

    Objectives

    Key results

    Increase user engagement with our financial tools.

    • Increase weekly active users by 25%

    • Reduce churn rate by 10%

    • Improve customer satisfaction score by 15 points

     

     

     

     

     

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