PepsiCo's talent management model focuses on 3 key elements: identification, developing readiness, and movement. Identification involves systematically reviewing all levels of the organization to find the right people for roles. Developing readiness is based on on-the-job training and experiences accounting for 70% of development, with mentoring, coaching and feedback making up another 20% and formal training 10%. Movement of talent is an important but difficult process that PepsiCo manages by integrating it into the initial talent plan and moving people to higher levels once competent while removing potential blockers.