Harvey “Chet” Krentzman

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.