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Excellence(noun) the quality of being excellent; state of possessing good qualities in an eminent degree; exalted merit; superiority in virtue. Excellence(noun) an excellent or valuable quality; that by which any one excels or is eminent; a virtue.
Another insightful definition for operational excellence â one that may be easily understood at the employee level â refers to it as the point at which each employee or member of the organization can see the flow of value to the customer or end user, and that each employee is also able to fix that flow before it breaks down.