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This edited volume serves as a comprehensive compendium of research papers centered on the critical theme "Innovation in Management: Challenges and Opportunities in the Next Decade." The collection brings together diverse perspectives to explore the evolving landscape of modern business practices. A total of twenty-seven papers were contributed by established academicians and seasoned researchers, providing a strong scholarly foundation. Additionally, eleven papers were contributed by amateur authors, offering fresh and innovative viewpoints. A significant highlight of the volume is the insightful keynote address on the overarching theme, delivered by the eminent Dr. T. Alex, Chairman of ISRO. His contribution masterfully throws light on the principles of innovation within the demanding field of space technology. He illustrates how such cutting-edge advancements are not merely technical triumphs but are also pivotal in ushering in profound improvements and well-being for society at large. This volume is an essential resource for anyone interested in the future of managerial innovation.