Ventura leaves in disgrace, widely criticized for his tactical decisions that left Italy out of football's biggest competition for the first time in six decades.
"In all national teams, there has to be a generational shift at some point, and Italy are obviously at that moment, but I think they will soon get back to being leaders in the football world because there are a lot of talented youngsters coming through".
However, the Blues manager has ruled out a return to the four-time world champions, insisting that he is "very focused on Chelsea and totally committed to the club".
Antonio Conte who had success with the Italian national team admitted he just wants to focus on training Chelsea for now. I am very sad.More news: Mobile offers Black Friday BOGO deals on six Android smartphones
"It is not the fault of one or two or three people".
"It happened. For sure they have to find the right solution and improve the solution".
Speaking of a possible comeback to the national team, Conte said: "I think it's very hard at this time".
"If you find a manager and you don't put him in the job in the best way to change something, then it is not enough to change only the manager".