Social Entrepreneurship,Trust and Third Sector: Synergy to combat poverty

This work addresses a specific social problem that occurs in the majority of Third Sector Organizations in our country, especially those that have solidarity assistance purposes to reduce poverty and hunger, where the lack of strategic management with a view of comprehensive planning and long headlights, makes it difficult for them to develop their noble objectives with a future projection, that is, under the criterion of sustainability. Consequently, frustration, routine, paralysis and uncertainty predominate, which requires a Copernican turn through an innovative vision and through the application of instruments that allow them to add value. Thus, we can incorporate the use of trust in the academic-practical context of the discipline called Social Entrepreneurship.

Social Entrepreneurship refers to the application of innovative business principles to address social challenges, creating a positive impact on Society. In this context, the trust, well designed and correctly applied, is presented as a transformative tool not only in financial aspects, but with a real impact on the Corporate Governance in organizations, promoting transparency in decision making, the efficient allocation of resources and better accountability. All of this contributes to the improvement of cultural and development levels, strengthening the dignity of the human being and reducing structural poverty, with target populations that need to become independent from the eternal welfare system that turns them into hostages, and does not allow them to be generators, through of their capabilities, of their own support to achieve their autonomy and freedom.

The combination of Social Entrepreneurship and the Trust to address social problems creates a powerful and holistic approach for the positive development of Third Sector organizations in Argentina. Consequently, the benefit fully impacts them and their recipients, the vulnerable communities, but also on society as a whole by giving sustainability to the projects with improvements in the social, environmental and economic (EAS), promoting a virtuous circle of efficiency.

By: Francisco María Pertierra Cánepa & Ramiro Raúl Cenoz