(1). To request a “connection” with someone on linkedin.com usually used by older, senior managers to (1) appear hip to their junior employees, and (2) keep tabs on employees’ job-seeking activities online.
(1). To prioritize (and possibly even work on) a task (see action item). The term is usually used when reassuring your boss that whatever they’re talking about is at the top of your list of things to do.
“Sure, boss, I’ll action that mail merge project for first thing in the morning. Right after I figure out how to do a mail merge…”