Issue:
This issue occurs only for those who receive Office 2016 updates using Windows Installer technology (MSI). If you have a Click-to-Run edition of Office, such as Office 365 Personal, you won't encounter this issue.
Microsoft is aware of this issue and working on a fix. In the meantime, you may be able to workaround this issue by installing the March 6, 2018, update for Office 2016 (KB4018295)
You can apply the workaround patch using Desktop Central:
1. Scan and identify machines that have the problematic update for Word installed KB4011730:
Patch ID and Description:
- 24161 - Security Update for Microsoft Word 2016 (KB4011730) 32-Bit Edition
- 24162 - Security Update for Microsoft Word 2016 (KB4011730) 64-Bit Edition
2. Deploy the workaround patch using Desktop Central:
Patch ID and Description:
- 105410 - Update for Microsoft Office 2016 (KB4018295) 32-Bit Edition
- 105411 - Update for Microsoft Office 2016 (KB4018295) 64-Bit Edition