Create an outline in Word
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Open Word.
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Select View > Outline. This automatically generates an outline and opens the Outlining tools:
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If your document has headings (any heading levels from H1-H9), you’ll see those headings organized by level.
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If your document doesn’t have headings and subheadings yet, the outline will appear as a bulleted list with a separate bullet for each paragraph or body text. To assign or edit headings, heading levels, and set up your document structure:
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Select a bulleted item.
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In the Outline Level box, select a heading Level 1 for slide titles, Level 2 for bullet points on that slide.
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When finished or to edit your document, select Close Outline View.
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Save an outline in Word
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To save your document, select Save, name your file, and then select Save once more. Select Close to close your document.
Note: Your Word document must be closed to insert it into a PowerPoint presentation.
Import a Word outline into PowerPoint
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Open PowerPoint, and select Home > New Slide.
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Select Slides from Outline.
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In the Insert Outline dialog box, find and select your Word outline and select Insert.
Note: If your Word document contains no Heading 1 or Heading 2 styles, PowerPoint will create a slide for each paragraph in your content.
Guidelines for importing an outline
PowerPoint can import an outline in .docx, .rtf, or .txt format.
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If your outline is a Word document Apply a heading format to any text you want to include in a slide. For example, if you apply the Normal style to a block of text, Word won't send that text to PowerPoint.
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If your outline is a .txt file Use indentation to indicate heading levels. Any unindented lines of text will become titles of new slides.
Source: Microsoft