The new Word 2011 start up speed is really good. But it can be increased the same way that Word 2008's could by turning off font preview rendering and the project gallery.
https://forums.macrumors.com/threads/425149/
1. Launch word
2. Go to Word>Preferences
3. Click on "General"
4. uncheck "WYSIWYG font and style menus"
5. uncheck "Show Project Gallery At Startup"
6. Quit word
7. Reopen Word
https://forums.macrumors.com/threads/425149/
1. Launch word
2. Go to Word>Preferences
3. Click on "General"
4. uncheck "WYSIWYG font and style menus"
5. uncheck "Show Project Gallery At Startup"
6. Quit word
7. Reopen Word