The former Manchester United coach has taken the Hatters back to the Championship in his first full season in charge of the club.
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McKenna took over at Portman Road last season from Paul Cook and has revitalised the club with an exciting brand of football that has had fans flocking back to the ground.
This has seen Ipswich fly up the table and they have now been promoted to the Championship while they could also reach 100 points if they win their last game of the season.
McKenna already has the highest win percentage (56.4 per cent) of any Ipswich manager since Mick O'Brien in 1937.
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Speaking exclusively to talkSPORT, club captain Morsy was full of praise for the 37-year-old, even comparing him to one of his former managers in Warnock.
Speaking to Andy Goldstein and Darren Bent on talkSPORT Drive, the Egypt international said: "The manager, his ceiling, it is very hard to tell.
"For it to be his first full season in management, he has done asbolutely incredible.
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"Such a good guy, such a good coach. He gets the game. He is so detailed, his attention to detail is just incredible.
"He watches football, he analyses so much and I think one of the best characteristics as well, in my opinion, is a characteristic that Neil Warnock has as well.
"When you do suffer a setback, you don't dwell on it too often. And I think that is really, really hard to do.
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"He has got that right temperament, always trying to improve but also not dwelling on the negative results.
"So his ceiling, I mean it would not surprise me if he ended up anywhere at some point because he is that good."
McKenna spent five years in United's coaching set-up, two years as Under-18s boss before being promoted to Jose Mourinho's No. 2 ahead of the 2018/19 season.
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Under Ole Gunnar Solskjaer, the Northern Irishman retained his spot in the dugout.
There have been suggestions that several clubs are keeping tabs on the young manager as a potential option.
But McKenna has his sights firmly on the next game at Ipswich, where he insists he is keeping his feet on the ground.
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"The club is very ambitious, I am and I'm sure the players are too," he said.
"We've put everything into this season, so we've not thought too far ahead.
"Of course we've invested in terms of infrastructure and tried to do things which will help us in the long term.
"But in terms of on the pitch stuff, we haven't looked beyond this season because it's been such an intense and challenging one.
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"We'll enjoy this and celebrate well, [then] in the summer we'll be looking at every which way we can improve the club to keep building on this momentum that we've got.