In 1990, a study was conducted to identify the work values and degree of job satisfaction of potential minority leaders in community colleges and technical institutes, and to examine the relationship between participation in a minority leadership development program and work values and job satisfaction. The study sample was drawn from an applicant pool of 73 individuals who were nominated for the Texas A & M Minority Leadership Development Project (MLDP). Though only 37 were selected for participation in the MLDP, all 73 nominees were invited to participate in the study. Characteristics of the potential minority leaders were studied using biographical data, two measures of work values, and a job satisfaction instrument. Major study findings included the following: (1) study subjects differed from norm groups on selected work values, appearing to value ability utilization, advancement, aesthetics, altruism, authority, creativity, personal development, social interaction, variety, working conditions, cultural identity, economic security, compensation, social status, supervision/human relations, and supervision/technical more highly; (2) those selected for participation in the MLDP valued advancement, responsibility, and autonomy more highly than those not selected for the MLDP, but valued physical activity, social interaction, social relations, variety, working conditions, cultural identity, physical prowess, activity, independence, and co-workers less than those not selected; (3) those selected for the MLDP were less satisfied with their current job than those not selected; and (4) the Values Scale appeared to be a better measure than the Minnesota Importance Questionnaire of work values that related to job satisfaction among the potential minority leaders. A discussion of implications, a 12-item bibliography, and 9 data tables are included. (JMC)