By Ann Blackford
By Ann Blackford
HOW UK IS EMPOWERING A NEW GENERATION OF DIVERSE LEADERS
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n fall 2017, six juniors from the University of Kentucky were selected for the first time to participate in the Management Leadership for Tomorrow (MLT) Career Prep program headquartered in Washington. A nonprofit organization transforming the lives of high-achieving, underrepresented students across the nation, MLT helps bridge the vital collegeto-career transition gap. Upon learning about MLT, UK alumnus Mike Malone, a 1976 graduate of the College of Arts and Sciences, immediately saw how the program could benefit students at his alma mater, and he made the partnership between UK and MLT happen. Here’s how the story unfolds. Launched in 2002, MLT was founded by current director and CEO John Rice. His thesis as a Harvard MBA student
envisioned a nonprofit organization that would provide training, coaching and networking opportunities that have traditionally been unavailable to underrepresented students. After a successful career at Disney and the National Basketball Association, Rice’s vision became a reality, and MLT now has a community of more than 8,000 alumni nationwide, known as Rising Leaders. The mission of MLT is to empower a new generation of diverse leaders into the workforce and equip talented African American, Latinx and Native American students with the knowledge and tools to thrive in their careers. The program offers a life-changing, 18-month experience for students beginning in their junior year of college and provides a professional playbook and career-long leadership network.
In addition, the MLT Career Prep program provides summer internship and full-time job opportunities within its network of over 100 leading corporate partners, including Fortune 500 companies. The University of Kentucky is in its fourth year partnering with MLT and is proud to have two alumni groups of MLT Rising Leaders: the inaugural 2017 cohort of six who graduated in 2019, followed by the eight 2020 graduates. Currently the university has five juniors and five seniors participating in the program. UK’s partnership with MLT and the transformative experiences for these UK students would not be possible without the generous support of Mike Malone. It is through his vision and unwavering commitment to students that UK’s MLT Fellows are flourishing. “Now more than ever, I am convinced that putting our young people on the path to economic mobility is one of the most direct steps we can take to meaningfully move the needle on solving the structural socioeconomic inequalities that are underlying today’s problems,” Malone says. A native of Paris, Kentucky, Malone built a successful career in investment banking and private equity for nearly 30 years and currently resides in Charlotte, North Carolina. Education has always been important to him, and he is the son of firstgeneration college graduates. “I feel very fortunate to have gone to UK,” Malone says. “It gave me the experiences, skills, and confidence to go on to a successful and rewarding career.
Malone became friends with MLT founder John Rice while they both served on a corporate board of directors. Malone was impressed with Rice and the tremendous good the program was doing for underserved people. The two shared common interests including a love of basketball. Knowing Rice was a three-year starter on Yale’s basketball team and was previously an executive with the NBA, Malone invited Rice to UK’s campus the weekend of a Kentucky – Kansas game to meet with UK President Eli Capilouto and students to discuss the possibilities of MLT at UK. “When I first learned of Management Leadership for Tomorrow, I was filled with hope for the future, especially for our historically underrepresented students,” Capilouto says. “The work of MLT is critically important in ensuring that our workforce is representative of the communities we serve. I remain inspired by its leaders as they work to build a more diverse, equitable workforce for generations to come.” Rice says that Capilouto sees the need to augment students’ curriculum so that they are building on a roadmap from an academic and a leadership standpoint. “This is important for every student. This is not a minority thing. He sees the value of what we bring to the table, and he sees the importance of maximizing not just the student experience while at UK, but also the long-term relationships and trying to maximize that,” Rice says. Capilouto’s support and Malone’s enthusiasm greatly inspired Rice’s desire to bring MLT to Kentucky.
RYAN PAGE
Executive Team Lead Intern at Target, Summer 2020 Internship Senior, College of Communication and Information Major: Business and Organizational Communication
“I saw the program as an opportunity to grow and develop for my future career in the business world. The program has gone above and beyond my expectations in doing so. Thank you for making my dreams come true. Thank you for allowing myself and my fellow peers at UK to have the immersive, valuable experience. This experience is one of the best I’ve had.”