Basically a shit sandwich served up at your work by a senior manager, who calls it a 'development opportunity' to relieve their conscience as they should be performing this task themselves.
Manager - "I have a development opportunity for you, could you please do (insert mundane task here)?"
You - "Fuck!"
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A responsibility or task that absolutely noone wants.
Boss: So who wants to take minutes for this two hour meeting every Friday lunchtime where we spout bullshit about stuff that nobody really cares about?
Employees: ...
Boss: But it's a DEVELOPMENT OPPORTUNITY :)