To make a shortcut to your most recent Word document, start by finding the winword.exe file on your computer. You can do this in Windows XP by going to the Start Menu and clicking on Search. Select All Files and Folders and type winword.exe into the All or Part of the File 
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In Windows Vista, click the Start button and type winword.exe into the Start Search box. The winword.exe file should appear at the top of the programs list.
Do not click on or open the winword.exe file. Instead, right-click the file, point to Send To and select Desktop (Create Shortcut).Close the search window or exit the Start menu.
Head to your desktop to find a new Microsoft Word shortcut. This shortcut will not open a document. It will act just like any other Word icon and open MS Word with a new, blank document. That is, until you make a few changes to the shortcut's properties!
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Right-click the new Microsoft Word shortcut and select
Properties. The winword - Shortcut Properties dialog will open. Go to the
Shortcut tab. Place your cursor at the end of the
Target field. Enter one space after the file path listed in the field and then type in
/mFile1.
Go to the General tab of the winword - Shortcut Properties dialog. Delete winword - Shortcut from the field next to the Word icon. Type in Most Recent Word Document or any name for the shortcut that makes sense to you.
Click on the Shortcut tab once more. Click the Change Icon button and select an icon for the shortcut to your most recent Word document. This will make it easier for you to quickly locate the correct shortcut, especially if you already have a shortcut to MS Word on your desktop. Click Apply to save the changes and OK to close the dialog.
Now when you click on the shortcut, Word will open with whatever document you last worked in. For more Word tips and tricks, check out the Bright Hub Microsoft Word Tips Collection.
