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To deliver a sincere and productive apology, follow a three-step process. First, provide context to ensure mutual understanding of the situation, including who was involved and what occurred. Next, address the action taken and express the emotions it evoked in you, sharing your feelings honestly. Finally, focus on the future by discussing potential next steps that can lead to a positive outcome. Each step may vary in length, allowing you to emphasize what is most important based on the situation at hand. This approach helps maintain sincerity while also protecting your own interests.