A polite way of telling someone you haven't heard a word they said. Commonly used on long conference calls, when the speaker is monotonous, boring, or couldn't make a point of one were drawn for them.
Joe: "Blah, blah corporate office blah, blah, [leverage] [proactive]ly blah, blah [human capital] and grade-A [synergy], blah, blah. Do you agree, Jim?"
Jim: "I'm sorry, Joe, I was multitasking, can you repeat that?"