Background

Miguel Juan Sebastián Piñera Echenique OMCh is a Chilean billionaire businessman and
politician who served as president of Chile from 2010 to 2014 and again from 2018 to 2022.
The son of a Christian Democratic politician and diplomat, he studied business administration
at the Pontifical Catholic University of Chile and economics at Harvard University. He had
an estimated net worth of 2.8 billion dollars in 2019 according to Forbes, making him one of
the richest people in Chile. A member of the liberal-conservative National Renewal party, he
served as a senator for the East Santiago district from 1990 to 1998, running for the
presidency in the 2005 election, which he lost to Michelle Bachelet, and again, successfully,
in 2010. As a result, he became Chile's first conservative president to be democratically
elected since 1958, and the first to hold the office since the departure of Augusto Pinochet in
1990. Following the social unrest that erupted in late 2019, Piñera's diminished capacity to
govern according to the principle of presidentialism has led to claims that Chile is in a state
of de facto parliamentarism or should become parliamentarian.
Piñera is the sixth child of José Piñera Carvallo and Magdalena Echenique Rozas.[citation
needed] Among his ancestors on his maternal side is his mother's great-great-grandmother,
Luisa Pinto Garmendia, the sister of President Aníbal Pinto Garmendia and daughter of
President Francisco Antonio Pinto and Luisa Garmendia Alurralde, who was a descendant of
the penultimate Inca emperor, Huayna Capac.[11] He is a nephew of the former oldest living
Roman Catholic bishop in the world, Bernardino Piñera, who died in 2020 due to
complications from COVID-19.[12][13] Piñera's family moved to Belgium one year after his
birth and later to New York City, where his father was the Chilean ambassador to the United
Nations. Piñera returned to Chile in 1955 and enrolled in the Colegio del Verbo Divino
("Divine Word College"), from which he graduated in 1967.[14] Piñera then enrolled at the
Pontifical Catholic University of Chile, from which he graduated in 1971 with an
undergraduate degree in commercial engineering. Upon graduation, he was awarded the Raúl
Iver Oxley Prize, which is given to the best overall student in each class.[15] Piñera
continued on to Harvard University on a partial Fulbright Program for postgraduate studies in
economics. During his time at Harvard, Piñera and a classmate coauthored an article, "The
Old South's Stake in the Inter-Regional Movement of Slaves", for the Journal of Economic
History.[16] After three years at Harvard, Piñera graduated with both a Master of Arts and
PhD in Economics.[17]

What are the key management skills the president has???

The pinera is the one of the richest business persons in Chile as well as he has been elected as
a president of the chile twice. The first in 2010 to 2014 and seond term in 2018 to 2022. For
this period he has done some many things. As a successful leader he has some key traits the
has made him the most famous and admired person in Chile. Here are some the traits:
1. Communication:
He was a good communicator and he has directed Chile twice and he was a economics
lecturer in the University of Chile during 1971 to 1988.
 2. Multitasking Skill:
He was managing his company and the Chile simultaneously after that he was the major
shareholder in the Lan Chile, Chilevision, Blanco y Negro (Sports club). After seeing his
interest we can say he was very good at doing things flowlessly.
3. Open to New Ideas:
He created with his wife Cecilia Morel the Foundation Mujer Emprende, the idea behind this
institution is to encourage training and development for economically challenged women.
(www.mujeremprende.cl). He created the Futuro Foundation which driving force is making a
contribution towards bringing culture to all Chileans. (www.fundacionfuturo.cl) This
Foundation has also developed environmental initiatives. In 2005, Tantauco Park (295 acres)
was inaugurated on the southern shores of Chiloé Island.
4. Transparency:
As of 19 April 2021, Chile has recorded 1,131,340 cases of COVID-19 and 25,277 deaths
from COVID-19, placing the country in the 50th and 31st places by total cases per million
and total deaths per million respectively.[103] In response, Piñera has banned events with
more than 500 people[104] and issued lock-down orders in certain areas of the country, most
notably the Santiago Metropolitan Region.[105] Despite heavy criticism amidst the still
ongoing political crisis,[106] Chile managed to achieve one of the fastest vaccination rates
worldwide
5. Industry knowledge:
He has several degrees and has more than one business and the knowledge related to different
industires so he has puted his ideas and knowledge related to industry and ultimetly helped
industries to grow in Chile, as he was the person who has introduced credit cards in Chile in
1970.
6. Goal oriented:
The government of President Piñera allowed that Chile could continue at a steady pace its
progress in the construction of a society of real opportunities, real assurances, and strong
values; a society where every Chilean people could have the same opportunities to achieve.
7. Encouraging and Supportive:
severe earthquake that occurred on February 27, 2010, off the coast of south-central Chile,
causing widespread damage on land and initiating a tsunami that devastated some coastal
areas of the country. Together, the earthquake and tsunami were responsible for more than
500 deaths. At the time he was the new president of the Chile and he has done

2. How they have managed their organisation in face of challenges or the crisis faced by
them.
Talking about the main challenge the president faced is F27 disaster happened in the year of
2010. The Earthquake of magnitude 8.8 Struck at 3.34 AM. The epicentre of the earthquake
was located somewhat 200 miles southwest from chile capital Santiago. The earthquake—
resulting from the rupture of a 300- to 375-mile (500- to 600-km) stretch of the fault that
separates the South American Plate from the subducting Nazca Plate—was felt as far away as
São Paolo, Brazil, and Buenos Aires, Argentina.