Question about Outlook Express

I recently moved to a MBP with Outlook 2011 and need assistance.  I used Outlook on Windows for years and had the ability to open an email message then simply create a new calendar entry from the message (copying the email into the calendar entry.)  I could also rearrange the navigation pane moving the Calendar to the top then simply drag and drop an email onto the calendar to create a new entry.  Am I overlooking how this works on the Mac version of Outlook 2011 or does the feature not exist?