Spending the day cutting through red tape and doing paperwork and paying accounts and reporting, so there is no time to do any actual work to report on, therefore disappearing up one's own arse.
Bill : "I spent the morning paying accounts and reporting and chasing invoices up my own arse. It was total prodfuctivity. Later that day though I got through a shitload of actual work."

Ted: "Wow, that's counterprodfuctive."
by The_Bear_that_ate_a_kitty September 7, 2010
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ˈprädfəkt/
noun
1. An item or substance that is manufactured or produced for sale, but with significant defects affecting designed function

Synonyms: POS, Piece of Shit, Hunk of junk
“This prodfuct should never have made it to beta test"
by Upseek March 18, 2015
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