1. Save contact from email
Double-click on email. Right-click name of person from message header. Click "add to contacts."
2. Export contacts to Gmail
Choose advanced, then options, then export as CSV. Import to Gmail, Yahoo, etc.
3. Save group of emails to text file
Select a bunch of emails. Hit File, Save as, Text, then choose location.
4. Turn email to task
Drag email to task list
5. Turn email to calendar item
Drag email to calendar, add date/time/location
Other useful ways to use Outlook include assigning custom categories to tasks, synching calendars with Sharepoint, and one-way synching to Google calendar.
For more information, Google all of this stuff.
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