User Configuration > Administrative Templates > Microsoft Outlook 2016 > Account Settings > Exchange > Cached Exchange Mode
User
HKCU\software\policies\microsoft\office\16.0\outlook\cached mode
By default, users can choose to configure Cached Exchange Mode or use Online mode. By enabling this setting, new and existing Outlook profiles are configured to use Cached Exchange Mode. Disabling this setting configures new and existing Outlook profiles to use Online mode.