The mistake the settings of the navigational window pane container profilename.xml.The error of the file may occur on his case where the name of the user's Outlook profile is a profile name.
In Windows Vista/7 this file find in:
C:\Users\username\AppData\Roaming\Microsoft\Outlook
To resolve this problem, use the following steps.
On the Startmenu click Run.
In the Run dialog box, type the following command:
Outlook.exe /resetnavpane
Note: There is a space between "Outlook.exe" and "/resetnavpane"
Click OK.
If you have any questions,I found a discussion abot your problem:
http://www.techyv.com/questions/cannot-start-microsoft-office-outlook
I hope it will help you!
Cheers!