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To deliver a sincere and productive apology, follow a three-step process. First, provide context to ensure mutual understanding; explain the situation, including who was involved and what occurred. Second, discuss the specific action that necessitated the apology and share your emotional response to it. Finally, focus on the future by outlining next steps and how you intend to improve moving forward. Each step can vary in length based on what is necessary, allowing you to address the most critical aspects effectively.