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Our product is easy to use and can be implemented in DIY-style, making it accessible to anyone looking to improve their operations.
The detailed specifications and overview of the product ensure that you have all the information necessary to make informed decisions about its usage.
Our product stands out from semi-related ones as it focuses specifically on Hoshin Kanri, which has been proven to be the most effective strategy execution methodology.
By using our knowledge base, you can streamline your processes, optimize resources, and increase overall efficiency.
Not only does our product provide practical solutions, but it also offers extensive research on the topic of Operational Excellence, so you can stay up-to-date with the latest trends and best practices.
For businesses, our Operational Excellence Strategy in Hoshin Kanri Knowledge Base is a game-changer.
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We understand that every product has its pros and cons, but we can confidently say that the benefits of Hoshin Kanri far outweigh any drawbacks.
Its effectiveness and efficiency have been proven time and time again in various industries and organizations.
So what does our product do exactly? It equips you with the tools, knowledge, and resources to establish a culture of continuous improvement and achieve operational excellence.
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With Hoshin Kanri, you can take your organization to new heights.
Don′t just take our word for it – try our Operational Excellence Strategy in Hoshin Kanri Knowledge Base and see the results for yourself.
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What are the new skills sets of a leader in your organization pursuing operational excellence?
Operational Excellence Strategy
A leader pursuing operational excellence must possess skills in process improvement, data analysis, and employee engagement to drive efficiency and effectiveness.
1. Implement lean principles in operations - reduces waste, improves efficiency, and increases customer value.
2. Foster a culture of continuous improvement - encourages innovation and employee engagement.
3. Establish clear performance metrics - allows for tracking and measuring progress towards goals.
4. Utilize problem-solving tools like root cause analysis and DMAIC - to identify and solve process issues.
5. Develop strong communication skills - enables effective communication of objectives and expectations to employees.
6. Promote collaboration and cross-functional teams - breaks down silos and promotes a holistic approach to problem-solving.
7. Emphasize the importance of data-driven decision making - leads to informed and strategic decision making.
8. Encourage experimentation and risk-taking - promotes a culture of learning and improvement.
9. Prioritize employee training and development - equips employees with necessary skills to drive operational excellence.
10. Lead by example - sets a tone for the organization and reinforces the importance of operational excellence.
CONTROL QUESTION: What are the new skills sets of a leader in the organization pursuing operational excellence?
Big Hairy Audacious Goal (BHAG) for 10 years from now:
In 10 years, our organization will be recognized as a global leader in operational excellence, setting the standard for efficiency, productivity, and continuous improvement in our industry. As part of our long-term strategy, we have set a big hairy audacious goal to achieve a 30% increase in overall operational efficiency and a 50% reduction in waste across all departments within the next decade.
To achieve this goal, our leaders will need to possess new and innovative skill sets, including:
1. Data Analysis and Interpretation: In today’s fast-paced business environment, data is readily available and plays a crucial role in making informed decisions. Our leaders will need to possess strong data analysis and interpretation skills to identify trends, patterns, and opportunities for improvement.
2. Process Optimization: As we strive for operational excellence, our leaders will need to have a deep understanding of our processes and the ability to identify areas for optimization. They will also need to have the skills to implement and monitor process improvements effectively.
3. Change Management: Operational excellence requires a continuous mindset of improvement and adaptation. Our leaders must have the ability to lead and manage change, ensuring everyone in the organization is on board and engaged during the transformation process.
4. Innovative Problem Solving: Our leaders must be creative problem solvers, capable of thinking outside the box to find solutions to complex challenges. This skill will be crucial in driving innovation and staying ahead of our competition.
5. Cross-functional Collaboration: Operational excellence cannot be achieved in silos. Our leaders must be skilled at fostering collaboration and breaking down barriers between departments to create a cohesive and efficient organization.
6. Strong Communication: Clear and effective communication is essential in any organization, but even more so when pursuing operational excellence. Our leaders must be able to articulate the vision, goals, and progress of our initiatives to the entire organization and ensure alignment and understanding.
7. Leadership and Coaching: As our organization evolves towards operational excellence, our leaders must also evolve their leadership style. They must be able to inspire, motivate, and coach their teams to strive for continuous improvement and embrace change.
By developing these new skill sets among our leaders, we are confident that our organization will achieve our ambitious goal of operational excellence within the next 10 years. This will not only bring immense success to our organization but also create a strong and sustainable culture of efficiency, innovation, and continuous improvement.
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Case Study: Developing New Skill Sets for Operational Excellence Leadership
Synopsis:
ABC Corporation is a leading global organization in the manufacturing industry, with a wide range of products serving various markets. The company has been facing challenges as competitors continue to innovate and offer more efficient products at lower prices, leading to a decline in market share and profitability. The leadership team at ABC Corporation recognized the need for a transformation in their operations to enhance efficiency and improve competitiveness. They decided to pursue operational excellence as a strategy to achieve their goals, and hired a consulting firm, XYZ Consulting, to assist in this process. The aim of this case study is to analyze the skill sets required by the leaders at ABC Corporation to successfully drive operational excellence.
Consulting Methodology:
XYZ Consulting implemented a five-stage approach to develop new skill sets for the leaders at ABC Corporation pursuing operational excellence.
Stage 1: Assessment – In this stage, an in-depth assessment was conducted to understand the current organizational capabilities and identify performance gaps. This involved analyzing key areas such as operational processes, workforce skills, leadership styles, and organizational culture.
Stage 2: Strategy Alignment – Based on the assessment findings, a customized operational excellence strategy was developed, aligned with the overall organizational goals. This strategy focused on process improvement, cost reduction, and customer satisfaction.
Stage 3: Training and Development – XYZ Consulting provided training and development programs to equip the leaders with the necessary skills to drive operational excellence. The training covered topics such as LEAN principles, Six Sigma methodology, change management, and effective communication.
Stage 4: Implementation – The leaders were actively involved in the implementation of the operational excellence strategy, guided by XYZ Consulting. This involved applying the knowledge and skills acquired in the training programs to redesign processes, eliminate waste, and drive continuous improvement.
Stage 5: Performance Monitoring – Regular progress reviews and performance monitoring were conducted to ensure the effectiveness of the new skill sets in driving operational excellence. Adjustments were made as needed to ensure the strategy′s success.
Deliverables:
1. Assessment report highlighting key areas for improvement and performance gaps
2. Customized operational excellence strategy
3. Training and development programs tailored to the needs of the leaders
4. Implementation plan with defined roles and responsibilities
5. Regular progress reports to track the performance and effectiveness of the new skill sets
Implementation Challenges:
1. Resistance to change – Some leaders may resist the changes and new skill sets required for operational excellence. To overcome this, effective change management strategies were implemented to gain buy-in from the leaders.
2. Lack of awareness – Some leaders may not have a clear understanding of operational excellence and its benefits. To address this, communication and training programs were designed to educate them about the concept and how it can drive business success.
3. Limited resources – Implementing an operational excellence strategy requires resources such as time, budget, and manpower. To overcome this challenge, a phased implementation plan was developed, prioritizing critical areas for improvement first.
Key Performance Indicators (KPIs):
1. Reduction in operational costs – This measures the effectiveness of the new skill sets in eliminating waste and improving efficiency.
2. Increase in productivity – An increase in productivity is a direct result of implementing an operational excellence strategy and the new skill sets acquired by the leaders.
3. Improvement in customer satisfaction – The focus on customer value and improving processes should result in improved customer satisfaction levels.
4. Success in continuous improvement initiatives – The ability to sustain continuous improvement efforts reflects the effectiveness of the new skill sets in driving operational excellence.
Management Considerations:
1. Continuous Learning – Operational excellence is an ongoing journey, and leaders must continuously update their skills and knowledge to keep up with changing market trends and customer expectations. Therefore, providing opportunities for continuous learning is crucial for the long-term success of operational excellence.
2. Embracing a culture of innovation – Operational excellence requires a culture of continuous improvement and innovation. Leaders must foster this culture, encourage new ideas, and empower their teams to implement them effectively.
3. Balancing short-term and long-term goals – Pursuing operational excellence may require leaders to make short-term sacrifices for long-term gains. They must balance the need for immediate results with the long-term goals of the organization.
Conclusion:
In conclusion, pursuing operational excellence requires leaders to develop new skill sets and adopt a different mindset to drive process improvement, cost reduction, and customer satisfaction. The approach adopted by XYZ Consulting at ABC Corporation helped develop these skills through a structured methodology, resulting in reduced costs, increased productivity, and improved customer satisfaction. By continuously developing their skills and fostering a culture of innovation, leaders at ABC Corporation are better equipped to tackle future challenges and remain competitive in the market.
This comprehensive dataset contains 1594 prioritized requirements, tried-and-tested solutions, and real-world examples of how Hoshin Kanri can transform your organization′s operations.
Our knowledge base is the ultimate resource for anyone looking to improve their strategy execution and achieve sustainable results.
With Hoshin Kanri, you will learn the most important questions to ask in order to prioritize your organization′s initiatives based on urgency and scope.
This will help you stay focused on what truly matters and drive results that align with your long-term goals.
But the benefits don′t end there.
Our dataset provides you with a competitive advantage over alternatives and competitors.
It offers a professional and affordable solution for businesses of all sizes, from startups to large corporations.
Our product is easy to use and can be implemented in DIY-style, making it accessible to anyone looking to improve their operations.
The detailed specifications and overview of the product ensure that you have all the information necessary to make informed decisions about its usage.
Our product stands out from semi-related ones as it focuses specifically on Hoshin Kanri, which has been proven to be the most effective strategy execution methodology.
By using our knowledge base, you can streamline your processes, optimize resources, and increase overall efficiency.
Not only does our product provide practical solutions, but it also offers extensive research on the topic of Operational Excellence, so you can stay up-to-date with the latest trends and best practices.
For businesses, our Operational Excellence Strategy in Hoshin Kanri Knowledge Base is a game-changer.
It offers a cost-effective solution that can result in significant improvements in operational performance, leading to increased profitability and sustainability.
We understand that every product has its pros and cons, but we can confidently say that the benefits of Hoshin Kanri far outweigh any drawbacks.
Its effectiveness and efficiency have been proven time and time again in various industries and organizations.
So what does our product do exactly? It equips you with the tools, knowledge, and resources to establish a culture of continuous improvement and achieve operational excellence.
Say goodbye to wasted efforts, missed opportunities, and inefficiencies.
With Hoshin Kanri, you can take your organization to new heights.
Don′t just take our word for it – try our Operational Excellence Strategy in Hoshin Kanri Knowledge Base and see the results for yourself.
Invest in your organization′s success today.
Discover Insights, Make Informed Decisions, and Stay Ahead of the Curve:
Key Features:
Comprehensive set of 1594 prioritized Operational Excellence Strategy requirements. - Extensive coverage of 277 Operational Excellence Strategy topic scopes.
- In-depth analysis of 277 Operational Excellence Strategy step-by-step solutions, benefits, BHAGs.
- Detailed examination of 277 Operational Excellence Strategy case studies and use cases.
- Digital download upon purchase.
- Enjoy lifetime document updates included with your purchase.
- Benefit from a fully editable and customizable Excel format.
- Trusted and utilized by over 10,000 organizations.
- Covering: Cross Functional Collaboration, Customer Retention, Risk Mitigation, Metrics Dashboard, Training Development, Performance Alignment, New Product Development Process, Technology Integration, New Market Entry, Customer Behavior, Strategic Priorities, Performance Monitoring, Employee Engagement Plan, Strategic Accountability, Quality Control Plan, Strategic Intent, Strategic Framework, Key Result Indicators, Efficiency Gains, Financial Management, Performance Culture, Customer Satisfaction, Tactical Planning, Performance Management, Training And Development, Continuous Feedback Loop, Corporate Strategy, Value Added Activities, Employee Satisfaction, New Product Launch, Employee Onboarding, Company Objectives, Measuring Success, Product Development, Leadership Development, Total Productive Maintenance, Annual Plan, Error Proofing, Goal Alignment, Performance Reviews, Key Performance Indicator, Strategy Execution Plan, Employee Recognition, Kaizen Culture, Quality Control, Process Performance Measurement, Production Planning, Visual Management Tools, Cost Reduction Strategies, Value Chain Analysis, Sales Forecasting, Business Goals, Problem Solving, Errors And Defects, Organizational Strategy, Human Resource Management, Employee Engagement Surveys, Information Technology Strategy, Operational Excellence Strategy, Process Optimization, Market Analysis, Balance Scorecard, Total Quality Management, Hoshin Kanri, Strategy Deployment Process, Workforce Development, Team Empowerment, Organizational Values, Lean Six Sigma, Strategic Measures, Value Stream Analysis, Employee Training Plan, Knowledge Transfer, Customer Value, PDCA Cycle, Performance Dashboards, Supply Chain Mapping, Risk Management, Lean Management System, Goal Deployment, Target Setting, Root Cause Elimination, Problem Solving Framework, Strategic Alignment, Mistake Proofing, Inventory Optimization, Cross Functional Teams, Annual Planning, Process Mapping, Quality Training, Gantt Chart, Implementation Efficiency, Cost Savings, Supplier Partnerships, Problem Solving Events, Capacity Planning, IT Systems, Process Documentation, Process Efficiency, Error Reduction, Annual Business Plan, Stakeholder Analysis, Implementation Planning, Continuous Improvement, Strategy Execution, Customer Segmentation, Quality Assurance System, Standard Work Instructions, Marketing Strategy, Performance Communication, Cost Reduction Initiative, Cost Benefit Analysis, Standard Work Measurement, Strategic Direction, Root Cause, Value Stream Optimization, Process Standardization Tools, Knowledge Management, Performance Incentives, Strategic Objectives, Resource Allocation, Key Results Areas, Innovation Strategy, Kanban System, One Piece Flow, Delivery Performance, Lean Management, Six Sigma, Continuous improvement Introduction, Performance Appraisal, Strategic Roadmapping, Talent Management, Communication Framework, Lean Principles Implementation, Workplace Organization, Quality Management System, Budget Impact, Flow Efficiency, Employee Empowerment, Competitive Strategy, Key Result Areas, Value Stream Design, Job Design, Just In Time Production, Performance Tracking, Waste Reduction, Legal Constraints, Executive Leadership, Improvement Projects, Data Based Decision Making, Daily Management, Business Results, Value Creation, Annual Objectives, Cross Functional Communication, Process Control Chart, Operational Excellence, Transparency Communication, Root Cause Analysis, Innovation Process, Business Process Improvement, Productivity Improvement, Pareto Analysis, Supply Chain Optimization Tools, Culture Change, Organizational Performance, Process Improvement, Quality Inspections, Communication Channels, Financial Analysis, Employee Empowerment Plan, Employee Involvement, Robust Metrics, Continuous Innovation, Visual Management, Market Segmentation, Learning Organization, Capacity Utilization, Data Analysis, Decision Making, Key Performance Indicators, Customer Experience, Workforce Planning, Communication Plan, Employee Motivation, Data Visualization, Customer Needs, Supply Chain Integration, Market Penetration, Strategy Map, Policy Management, Organizational Alignment, Process Monitoring, Leadership Alignment, Customer Feedback, Efficiency Ratios, Quality Metrics, Cost Reduction, Employee Development Plan, Metrics Tracking, Branding Strategy, Customer Acquisition, Standard Work Development, Leader Standard Work, Financial Targets, Visual Controls, Data Analysis Tools, Strategic Initiatives, Strategic Direction Setting, Policy Review, Kaizen Events, Alignment Workshop, Lean Consulting, Market Trends, Project Prioritization, Leadership Commitment, Continuous Feedback, Operational KPIs, Organizational Culture, Performance Improvement Plan, Resource Constraints, Planning Cycle, Continuous Improvement Culture, Cost Of Quality, Market Share, Leader Coaching, Root Cause Analysis Techniques, Business Model Innovation, Leadership Support, Operating Plan, Lean Transformation, Overall Performance, Corporate Vision, Supply Chain Management, Value Stream Mapping, Organizational Structure, Data Collection System, Business Priorities, Competitive Analysis, Customer Focus, Risk Assessment, Quality Assurance, Employee Retention, Data Visualization Tools, Strategic Vision, Strategy Cascade, Defect Prevention, Management System, Strategy Implementation, Operational Goals, Cross Functional Training, Marketing Campaigns, Daily Routine Management, Data Management, Sales Growth, Goal Review, Lean Principles, Performance Evaluation, Process Audits, Resource Optimization, Supply Chain Optimization, Strategic Sourcing, Performance Feedback, Budget Planning, Customer Loyalty, Portfolio Management, Quality Circles, AI Practices, Process Control, Effective Teams, Policy Deployment, Strategic Roadmap, Operational Roadmap, Actionable Steps, Strategic Formulation, Performance Targets, Supplier Management, Problem Solving Tools, Voice Of The Customer
Operational Excellence Strategy Assessment Dataset - Utilization, Solutions, Advantages, BHAG (Big Hairy Audacious Goal):
Operational Excellence Strategy
A leader pursuing operational excellence must possess skills in process improvement, data analysis, and employee engagement to drive efficiency and effectiveness.
1. Implement lean principles in operations - reduces waste, improves efficiency, and increases customer value.
2. Foster a culture of continuous improvement - encourages innovation and employee engagement.
3. Establish clear performance metrics - allows for tracking and measuring progress towards goals.
4. Utilize problem-solving tools like root cause analysis and DMAIC - to identify and solve process issues.
5. Develop strong communication skills - enables effective communication of objectives and expectations to employees.
6. Promote collaboration and cross-functional teams - breaks down silos and promotes a holistic approach to problem-solving.
7. Emphasize the importance of data-driven decision making - leads to informed and strategic decision making.
8. Encourage experimentation and risk-taking - promotes a culture of learning and improvement.
9. Prioritize employee training and development - equips employees with necessary skills to drive operational excellence.
10. Lead by example - sets a tone for the organization and reinforces the importance of operational excellence.
CONTROL QUESTION: What are the new skills sets of a leader in the organization pursuing operational excellence?
Big Hairy Audacious Goal (BHAG) for 10 years from now:
In 10 years, our organization will be recognized as a global leader in operational excellence, setting the standard for efficiency, productivity, and continuous improvement in our industry. As part of our long-term strategy, we have set a big hairy audacious goal to achieve a 30% increase in overall operational efficiency and a 50% reduction in waste across all departments within the next decade.
To achieve this goal, our leaders will need to possess new and innovative skill sets, including:
1. Data Analysis and Interpretation: In today’s fast-paced business environment, data is readily available and plays a crucial role in making informed decisions. Our leaders will need to possess strong data analysis and interpretation skills to identify trends, patterns, and opportunities for improvement.
2. Process Optimization: As we strive for operational excellence, our leaders will need to have a deep understanding of our processes and the ability to identify areas for optimization. They will also need to have the skills to implement and monitor process improvements effectively.
3. Change Management: Operational excellence requires a continuous mindset of improvement and adaptation. Our leaders must have the ability to lead and manage change, ensuring everyone in the organization is on board and engaged during the transformation process.
4. Innovative Problem Solving: Our leaders must be creative problem solvers, capable of thinking outside the box to find solutions to complex challenges. This skill will be crucial in driving innovation and staying ahead of our competition.
5. Cross-functional Collaboration: Operational excellence cannot be achieved in silos. Our leaders must be skilled at fostering collaboration and breaking down barriers between departments to create a cohesive and efficient organization.
6. Strong Communication: Clear and effective communication is essential in any organization, but even more so when pursuing operational excellence. Our leaders must be able to articulate the vision, goals, and progress of our initiatives to the entire organization and ensure alignment and understanding.
7. Leadership and Coaching: As our organization evolves towards operational excellence, our leaders must also evolve their leadership style. They must be able to inspire, motivate, and coach their teams to strive for continuous improvement and embrace change.
By developing these new skill sets among our leaders, we are confident that our organization will achieve our ambitious goal of operational excellence within the next 10 years. This will not only bring immense success to our organization but also create a strong and sustainable culture of efficiency, innovation, and continuous improvement.
Customer Testimonials:
"I am thoroughly impressed with this dataset. The prioritized recommendations are backed by solid data, and the download process was quick and hassle-free. A must-have for anyone serious about data analysis!"
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Operational Excellence Strategy Case Study/Use Case example - How to use:
Case Study: Developing New Skill Sets for Operational Excellence Leadership
Synopsis:
ABC Corporation is a leading global organization in the manufacturing industry, with a wide range of products serving various markets. The company has been facing challenges as competitors continue to innovate and offer more efficient products at lower prices, leading to a decline in market share and profitability. The leadership team at ABC Corporation recognized the need for a transformation in their operations to enhance efficiency and improve competitiveness. They decided to pursue operational excellence as a strategy to achieve their goals, and hired a consulting firm, XYZ Consulting, to assist in this process. The aim of this case study is to analyze the skill sets required by the leaders at ABC Corporation to successfully drive operational excellence.
Consulting Methodology:
XYZ Consulting implemented a five-stage approach to develop new skill sets for the leaders at ABC Corporation pursuing operational excellence.
Stage 1: Assessment – In this stage, an in-depth assessment was conducted to understand the current organizational capabilities and identify performance gaps. This involved analyzing key areas such as operational processes, workforce skills, leadership styles, and organizational culture.
Stage 2: Strategy Alignment – Based on the assessment findings, a customized operational excellence strategy was developed, aligned with the overall organizational goals. This strategy focused on process improvement, cost reduction, and customer satisfaction.
Stage 3: Training and Development – XYZ Consulting provided training and development programs to equip the leaders with the necessary skills to drive operational excellence. The training covered topics such as LEAN principles, Six Sigma methodology, change management, and effective communication.
Stage 4: Implementation – The leaders were actively involved in the implementation of the operational excellence strategy, guided by XYZ Consulting. This involved applying the knowledge and skills acquired in the training programs to redesign processes, eliminate waste, and drive continuous improvement.
Stage 5: Performance Monitoring – Regular progress reviews and performance monitoring were conducted to ensure the effectiveness of the new skill sets in driving operational excellence. Adjustments were made as needed to ensure the strategy′s success.
Deliverables:
1. Assessment report highlighting key areas for improvement and performance gaps
2. Customized operational excellence strategy
3. Training and development programs tailored to the needs of the leaders
4. Implementation plan with defined roles and responsibilities
5. Regular progress reports to track the performance and effectiveness of the new skill sets
Implementation Challenges:
1. Resistance to change – Some leaders may resist the changes and new skill sets required for operational excellence. To overcome this, effective change management strategies were implemented to gain buy-in from the leaders.
2. Lack of awareness – Some leaders may not have a clear understanding of operational excellence and its benefits. To address this, communication and training programs were designed to educate them about the concept and how it can drive business success.
3. Limited resources – Implementing an operational excellence strategy requires resources such as time, budget, and manpower. To overcome this challenge, a phased implementation plan was developed, prioritizing critical areas for improvement first.
Key Performance Indicators (KPIs):
1. Reduction in operational costs – This measures the effectiveness of the new skill sets in eliminating waste and improving efficiency.
2. Increase in productivity – An increase in productivity is a direct result of implementing an operational excellence strategy and the new skill sets acquired by the leaders.
3. Improvement in customer satisfaction – The focus on customer value and improving processes should result in improved customer satisfaction levels.
4. Success in continuous improvement initiatives – The ability to sustain continuous improvement efforts reflects the effectiveness of the new skill sets in driving operational excellence.
Management Considerations:
1. Continuous Learning – Operational excellence is an ongoing journey, and leaders must continuously update their skills and knowledge to keep up with changing market trends and customer expectations. Therefore, providing opportunities for continuous learning is crucial for the long-term success of operational excellence.
2. Embracing a culture of innovation – Operational excellence requires a culture of continuous improvement and innovation. Leaders must foster this culture, encourage new ideas, and empower their teams to implement them effectively.
3. Balancing short-term and long-term goals – Pursuing operational excellence may require leaders to make short-term sacrifices for long-term gains. They must balance the need for immediate results with the long-term goals of the organization.
Conclusion:
In conclusion, pursuing operational excellence requires leaders to develop new skill sets and adopt a different mindset to drive process improvement, cost reduction, and customer satisfaction. The approach adopted by XYZ Consulting at ABC Corporation helped develop these skills through a structured methodology, resulting in reduced costs, increased productivity, and improved customer satisfaction. By continuously developing their skills and fostering a culture of innovation, leaders at ABC Corporation are better equipped to tackle future challenges and remain competitive in the market.
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