What does Boulwarism mean?

Boulwarism meaning in Law Dictionary

Boulwarism is a negotiation strategy called after General Electric's previous vice-president Lemuel Boulware, whom pioneered the strategy.

Boulwarism meaning in Business Dictionary

A labor law concept which management opens the negotiation with a generous offer that's not supposed to be negotiated. Pioneered by General Electrical's Lemuel Boulware, the nationwide Labor Relations Board considered this as an unfair work practice as basically, no labor settlement has taken spot.