AutoCorrect: Click AutoCorrect in the Outlook Preferences dialog to edit AutoCorrect and AutoFormat options for text, as well as bullets and numbering. Reading: Click Reading in the Outlook Preferences dialog to change some of the default settings. Of course, you’re free to choose the settings that work best for you.
The first thing to remember is Outlook 2011 is the first Outlook version on Mac, it’s a replacement for Entourage, so when searching for how to create a new Profile, you’re really searching for how to create a new Identity, that’s what Entourage used to call them. If you’re coming from a Windows environment (like me) then you’ll just be calling it a Profile, but that’s why you’ve ended up at my post instead of somewhere else, you’re calling it by the wrong name. Whatever you want to call it, you can change it and Delete it by going to the following location: Open Finder Click on Applications Open the folder 'Office 2011' Open the folder 'Add-ins' Open the 'Microsoft Database Utility' You can use the Plus and Minus at the bottom to add new or remove Identities (Profiles) for Outlook 2011. 
↓ • Bernd Set Outlook switching Identities dialog display automatically whenever you open Outlook: You can make the Outlook switching Identities dialog display automatically whenever you open Outlook. To make the dialog available: Quit Outlook (pressing Command-Q quits any application). In Finder, open your Microsoft Office 2011 Identities folder. Change the name of the folder of your default Outlook Identity.
Start Outlook. Select the Show This List When Opening Outlook check box. Be sure to select the Show This List When Opening Outlook check box. It’s a handy tool for switching Identities instead of using the Database Utility. You can then choose the Identity you want to use and click OK without having to open the Database Utility.