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Diego Hernandez Diaz

Solution Leader, Utilityx, London
Advises utilities and industrial companies on harnessing the power of digitization and advanced analytics to improve performance and reduce costs

About Diego

Diego is a solution leader for Utilityx, a McKinsey tool that helps electric-power utilities to improve performance and reduce costs by unlocking the value of digital and advanced analytics. He is responsible for developing Utilityx and managing its successful delivery to our clients.

Diego has worked extensively with utilities and manufacturers on challenges in operations, maintenance, and strategy across Europe and the Americas.

Examples of his recent client projects include the following:

  • supporting an independent oil company with a strategic review of 11 business lines in 50 countries to assess the potential to be captured from operational excellence
  • collaborating with a global not-for-profit organization on the building of a network of “lighthouses” to highlight best practices in Industry 4.0 advanced manufacturing methods
  • serving a major independent power provider on an earnings-and-cost transformation that identified savings worth $14 million, including measures to boost revenue, improve operational efficiency, and optimize capital spending
  • working with a Fortune 500 advanced industrial company on its divestiture strategy, from a strategic and operational review of the existing business portfolio to a new equity story and operational disentanglement
  • helping a utility to develop and implement a customized technology solution for managing asset performance across a portfolio of more than 30 solar construction projects

Before joining McKinsey, Diego spent four years with an international banking firm as an equity research associate. He speaks five languages.

Published work

4 myths about manufacturing in the Fourth Industrial Revolution,” European Sting and World Economic Forum, February 2019

The fourth industrial revolution and the factories of the future,” McKinsey & Company, August 2018

Past experience

Credit Suisse
Equity research associate

Education

Wharton School, University of Pennsylvania
MBA, business administration and operations
BSc, finance and management

University of Pennsylvania
MA, international studies

University of Pennsylvania School of Engineering and Applied Science
BAS, computer science