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VII. A3Report of the President & CEO October 28, 2021RESOLUTIONS APPROVING THE ACQUISITION OF THE FOLLOWING TWO (2) REAL PROPERTY ASSETS AT FAIR MARKET VALUE: (1) 5050 W. PICO BOULEVARD, LOS ANGELES,
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Gather necessary data and information related to the problem or project.
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Define the problem or project in clear and concise terms.
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Identify the root cause of the problem using tools like 5 Whys or Fishbone diagram.
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Develop a plan of action with specific steps to address the root cause.
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Implement the plan and track the progress using the A3 report template.
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Adjust the plan as needed and communicate the findings to relevant stakeholders.

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The A3 report template is a structured format used for summarizing and communicating complex information, often related to project management or operational processes.
Typically, organizations or individuals involved in specific projects or operational activities are required to file an A3 report template.
To fill out an A3 report template, gather relevant data, clearly define the problem or project, outline objectives, describe current conditions, propose countermeasures, and plan for follow-up actions.
The purpose of the A3 report template is to provide a concise overview of a project or issue, facilitating communication and decision-making among stakeholders.
Information that must be reported includes the issue statement, background context, analysis of the current situation, proposed solutions, action items, and follow-up metrics.
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