About 59 percent of CEOs surveyed said they find Web logs, or blogs, useful for internal communications, while 47 percent see them as tools for communication with external audiences, according to a study conducted by PRWeek and Burson-Marsteller.
Of the 131 CEOs surveyed, 7 percent are actually blogging while many others say they are unlikely to start a blog themselves. About 18 percent of these CEOs say they plan to host a company blog over the next two years.
The survey indicates that chief executives see blogs as useful for communicating new ideas and news, providing an informal channel of communication and getting instant feedback.
Blogs are fast gaining popularity. Many companies encourage employees to share new ideas in their blogs and get feedback from customers or users of their services. IBM plans to add .
"Most CEOs are still in a wait-and-see mode when it comes to blogs, mainly due to time limitations and concerns about what they can say publicly," Leslie Gaines-Ross, a research officer at Burson-Marsteller, said in a statement. "Even though there is greater awareness of the power of blogs today, CEOs may feel that employees expect them to be spending their time running the business."