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The Road to Racial Equity
John Rice (MBA 1992)
John Rice (MBA 1992)
In late October, Willy Walker (MBA 1995) hosted John Rice (MBA 1992) as a guest on the Walker Webcast interview series to talk about family, the lived reality of racism, and how to drive diversity efforts deeper within an organization.
Rice is founder and CEO of Management Leadership for Tomorrow (MLT), a national nonprofit that fights racial and economic inequities by empowering the next generation of leaders. Since 2002, MLT has been working with high-achieving Black, Latinx, and Native American individuals to transform their career opportunities and expand the leadership pipeline.
Employers play an important role in moving the needle on racial equity, Rice says. MLT is helping that effort with the creation a first-of-its kind certification program called the MLT Black Equity at Work Certification, which functions as a roadmap for companies that want to address persistent inequities. The goal is to achieve for DEI efforts what the LEED standards have done for sustainability in the construction world: to provide measurable and attainable guidelines.
Walker & Dunlop, a real estate finance company of which Walker is CEO and chairman, was among the first class of companies (along with Amazon and Bain Capital) to commit to the standards. The program is focused on “calling organizations in, not calling them out,” Rice says.
The webcast is available on YouTube.
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