Do you agree this is how human capital provide a basis for competitive advantage?

Human capital is the force that will provide the strategy on actually developing the wealth of the business and it is what keeps the business going on a day-to-day basis. Human capital is an intangible asset as it includes all the competencies of the people within an organization. These competencies differ between skills, experience, education, and potential of each employee (Farrugia, 2017). It brings competitive advantage because it offers a wide of workers with talent and skills and and once those workers can work together then the business will grow and nurture competitively. When human capital engage in innovation and creative thinking that can take the business to new heights and enhance the quality of their performance to increase profitability then a competitive advantage is given. The five characteristics of high-involvement management are selective hiring, extensive training, decision power, information sharing and incentive compensation. Evidence has shown positive effects on the well-being of associates, with fewer accidents, lower absenteeism, and lower turnover. As such, associates have higher job satisfaction and productivity. In turn, they service the organization's customers effectively to promote high customer satisfaction. Overall, the value of human resource management activities is strongly enhanced by high-involvement practices (Hitt, 2018).