The former Red Devils striker has led Molde to a domestic Norwegian title in his debut coaching role, the first in the club’s history.
Solskjaer is being touted as a surprise contender to replace the Scottish coach at Old Trafford, and Ferguson feels the Scandinavian has the ability to make the step up.
“He’s got an inner toughness, there’s no doubt about that. He’s a nice man with a lovely manner about him,” Sir Alex told Mirror Football.
“If you go to a club in Norway that has never won the league ever in their history and you win the league… you have to have something about you to do that.
“He has brought in his own staff. He’s brought two coaches from United to the club so he knew where he was going. A useful thing to have in management is good decision making.
“Ole always wanted to stay in the game, so from an early age he was preparing stay in the game as a coach or as a manager, as he is at the moment.
“He was one of those professionals who used to take down all the notes from the training sessions and games, so he has given himself a better chance than the rest,” he concluded.
By Gareth McKnight