Treasury stock

A treasury stock or reacquired stock is stock which is bought back by the issuing company, reducing the amount of outstanding stock on the open market ("open market" including insiders' holdings).
Stock repurchases are often used as a tax-efficient method to put cash into shareholders' hands, rather than pay dividends. Sometimes, companies do this when they feel that their stock is undervalued on the open market. Other times, companies do this to provide a "bonus" to incentive compensation plans for employees. Rather than receive cash, recipients receive an asset that might appreciate in value faster than cash saved in a bank account. Another motive for stock repurchase is to protect the company against a takeover threat.

Accounting Treatment of Treasury Stock

Either keeps it as a investment by reducing cash and increasing Total Investment, in other worlds shifting cash from bank to company share
Or
By reducing company total issued capital and reserve if buy back is at premium

Leader Quality

Is a positive attitude and zeal to learn. A positive attitude create a conductive and result oriented work environment specifically when people has thrust to learn more, he will not let down by failure and reach new high.

What I will never suggest to any young growing professional is acceptance of defeat due to failure. I believe that nothing is impossible unless you try and even if you don’t succeed in first go, there is long way to go rather than giving up.

The only way to renew your passion

On daily basis define new challenges & Goal, by seating new benchmark everyday would also motivate you to do your best.

Team management Principal

Free flow of communication and maintaining full transparency across department is vital for a successful team management. Listening is also one key aspect of success full team. It helps to maintain positive sprit across the team. Measuring team performance and setting clear picture and goal is also one of critical skill of a team leader.

Leadership quality

One of the most important skill of a successful leader is clear vision for the future in order to meet/achieve organization goal.
Set plan to achieve then as people done follow other people but they follow VISION.
Just imagine any great leader you will see a truly great visionary like Dhirubhai Ambani, Mahendar Singh Dhoni.