In Memoriam: Harvey "Chet" Krentzman
Harvey "Chet" Krentzman
Media Relations Office
December 27, 2005
The Institution announces with great sorrow the death December 23, 2005 of Honorary
Member and Honorary Trustee Harvey C. "Chet" Krentzman of Chestnut Hill
and Falmouth. He was 79.
Chet Krentzman was a guest associate from 1992 to 1997, when he was elected a Member of the Corporation. He was elected an Honorary Member in 1997, and was elected an Honorary Trustee in 1998. He was a member of the Development Committee from 1995 to 1997, and served on the Business Development Commitee from 1996 until his death.
Harvey C. Krentzman was born in Chelsea, MA in 1926. He attended Northeastern University, receiving a B.S. degree in mechanical engineering in 1949, an M.S. degree in engineering from Harvard University in 1950, and an M.B.A. degree from Harvard Business School in 1952. Chet Krentzman soon became an authority in small business management, founding the Association of Management Consultants, Inc., the Institute of Management Consultants, and the Service Corp. of Retired Executives (SCORE). He also served as a special advisor to the Administrator of the Small Business Administration.
As a consultant he founded Advanced Management Associates in 1955, and was serving as president of the firm at the time of his death. He used his expertise to assist small business owners and managers in promoting their companies, helping many firms grow. As an entrepreneur, he acquired underperforming divisions of large companies and managed their growth and profits. He worked out of his home, "The Farm at Chestnut Hill," for many years, bringing in other consultants for short periods when needed.
Active in the community, Chet Krentzman served as vice chairman and trustee of the American College of Greece, and was president, vice president and chairman of the finance and long-range planning committee of Temple Mishkan Tefila in Chestnut Hill. He served on the board of directors of Jones Vining, Inc., Vic Firth Manufacturing Company, Inspectron Corporation, Bell Manufacturing Corporation and the Arley Corporation, and was a co-founder of Signal Technology Corporation. He was also affiliated with and supported the Boston Symphony Orchestra, serving as vice chairman of its board of trustees, was a founding director of the Gorbachev Foundation of North America, and supported the Lyric Opera and many other institutions and organizations. He was a trustee of the Norman Rockwell Museum, U.S.S. Constitution Museum, and Beth Israel Deaconess Medical Centerl in Boston, and served as a corporation member and vice chairman emeritus of the board of trustees at Northeastern University.
He was the first adjunct professor at Northeastern University, and in 1959 founded Northeastern's Small Business Institute and served as its academic director for 17 years. He lectured at Harvard Business School, the American Management Association, and numerous other institutions around the world. His textbook, Managing for Profits, was first published in 1968 ansd has sold more than 600,000 copies. He also wrote Successful Management Stratgeis for Small Businesses, published in 1981.
Survivors include his wife, Farla (Blumer) Krentzman of Chestnut Hill, MA; two sons, Mark A. Krentzman of Manhattan and Washington, CT and Scott D. Krentzman of West Newton and Falmouth, MA; a sister, Dolly Tushman of Medford, MA; and seven grandchildren.
Funeral Services were held December 27 at Congregation Mishkan Tefila in Chestnut Hill, MA. Donations in his memory may be made to Congregation Mishkan Tefila, 300 Hammond Pond Parkway, Chestnut Hill, MA 02467.
Further information will be posted when available.
Originally published: December 27, 2005